Barrick: Stars Aligning For Higher Valuation

Core Viewpoint - The article emphasizes the importance of fundamental analysis in evaluating companies and funds, focusing on financial forecasts and valuations to identify long-term investment opportunities [1]. Group 1: Investment Strategy - The company has over 35 years of experience in the investment field, specializing in both sell-side and buy-side analysis as well as portfolio management for debt and equity funds [1]. - The current focus is on managing a high-yield Latin American bond fund, indicating a strategic interest in emerging market debt [1]. Group 2: Analytical Approach - The analysis is driven by operating and financial forecasts, whether derived from personal insights or consensus estimates, which are crucial for determining valuations and ratings [1]. - A strong emphasis is placed on financial statements, with a preference for using numerical data to explain their implications and potential outcomes [1].